News Centre

Bursa Malaysia Reprimands, Fines And Suspends Tan Yee Chee For Engaging In False Trading Activities

Date 17/12/2012

Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded, imposed a fine of RM30,000 and suspended Tan Yee Chee (TAN) for six months as a Registered Person, including from trading on or through the stock market of Bursa Malaysia as a Dealer’s Representative (DR), for engaging in false trading activities involving the securities of Engtex Group Berhad (ENGTEX) in his two clients’ accounts. TAN is also required to undergo training on the conduct or professionalism of DRs and market offences.

LME Celebrates A Record Year Following Acquisition By HKEx

Date 17/12/2012

• Volumes traded up to 6 December 2012 10% higher year on year
• LME wins six industry awards in 2012
• LME Clear on track for 2014 launch

UK's Financial Services Authority Announces Redress Scheme For Arch Cru Investors

Date 17/12/2012

The Financial Services Authority (FSA) has announced that firms who advised on investments in the CF Arch cru Investment and Diversified Funds must contact all their clients asking if they want their case reviewed to determine whether they were mis-sold the funds and may be eligible for redress.

FESE European Equity Market Report – November 2012 Figures

Date 17/12/2012

The European Equity Market Report is a piece of analysis that allows for an accurate comparison of trading statistics across European trading venues.

HKFE Announces Revised Margins For China Merchants Bank Futures

Date 17/12/2012

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Wednesday, 19 December 2012, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

ADX Discusses Capital Markets Infrastructure In London Conference

Date 17/12/2012

Represented by its Chief Executive, Mr. Rashed Al Balouhsi, Abu Dhabi Securities Exchange (ADX) took part in the Egypt, Turkey & UAE Capital Markets Infrastructure Update conference organized by CITI group. The conference which took place in London, UK, on the 13^th of December aims to outline the future strategies for UAE capital market sector.

Tel Aviv Stock Exchange: Trade Opening By The Management Of Newest TA-100 Constituents

Date 17/12/2012

TASE management joined by the management of the newest constituents to the TA-100 index opened trade on the morning of December 16, 2012. 

Deutsche Börse: Two New Lyxor ETFs Launched In The XTF Segment On Xetra

Date 17/12/2012

Two new ETFs issued by Lyxor Asset Management have been tradable in Deutsche Börse’s XTF segment since Monday.

Fidessa Connects Sell-Side OMS To Squawker® Block Trading Negotiation Venue - Fidessa Network Of Sell-side Firms Equipped To Route Orders, IOIs And Advertised Trades Direct From Their Trade Blotter To Squawker At Go-Live

Date 17/12/2012

Squawker®, the negotiation venue for sell-side block trading, today announced that Fidessa group plc (LSE: FDSA), provider of high-performance trading, investment management and information solutions for the world’s financial community, has completed the pan-European FIX integration from Fidessa’s OMS to Squawker. The deep systems integration will ensure that users of the Fidessa European Trading Platform (ETP) will be able to route Orders, IOIs and Advertised Trades to Squawker direct from their OMS, when the new block trading venue goes-live in the first quarter of 2013.

SIX Purchases Oslo Clearing ASA - SIX, Switzerland’s Financial Market Infrastructure Group, Agrees To Purchase Oslo Clearing ASA From Oslo Børs ASA

Date 17/12/2012

Oslo Clearing is 100% owned by Oslo Børs VPS Holding ASA, and is authorized to act as a central counterparty in accordance with the Norwegian Securities Trading Act. Oslo Clearing currently carries out CCP clearing of financial directives and security lending products. SIX has agreed to acquire 100% of Oslo Clearing from Norway’s Oslo Børs at the price of approximately NOK 180 Millions (ca. CHF 30 Mio.), assuming freely available cash or book equity to amount to about NOK120 millions (ca. CHF 20 Mio.). The acquisition is subject to customary approvals and other conditions and is therefore expected to close in Q2 2014. Oslo Clearing will be part of Securities Services, the post trade division of SIX.